Analysis and advice on water industry cost and productivity trends (2008)

Nic led a project for Ofwat, as part of the 2009 periodic review of water company price controls, to provide analysis of historical trends in water and sewerage company unit costs, productivity and input prices and forecasts of the likely rate of industry-level changes in base service operating expenditure and capital costs (relative to RPI) over the five-year price control period from 2010 to 2015.